The Budget 1992-93
The Financial Secretary's
Budget Broadcast
Good evening,
It
afternoon, I presented my first Budget.
to improve and expand existing
for particularly
1.
This
outlined
plans our
the social
programmes,
services.
It
identified our investment proposals, including the new
airport.
And I announced
well as important tax
salary-earning family.
2.
as
some modest tax increases
concessions for the average
Hong Kong can afford this balanced package of
prudent increases in government spending without large tax
the encouraging way our economy is
increases, because of
performing.
our usual
48.
In 1990, growth was only 3%, disappointing by
standards.
But last year, economic growth was
And we hope to hit 5% for 1992.
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